Gloria Jean's Coffee logo

Gloria Jean's Coffee Franchise

Audited Financials
Food and BeverageEst. 1986Chicago, IL
www.gloriajeans.com

Risk Score

Pending analysis

Investment Range

$209,919 - $541,372

Franchise Fee

$30,000

Total US Locations

40

Business Summary

Gloria Jean's Coffees offers franchises to operate stores and kiosks that sell gourmet coffees, teas, and coffee-based beverages, along with related supplies, accessories, gifts, baked goods, and other foods. These locations provide a variety of coffee drinks, teas, and food items to customers.

Corporate History

Gloria Jean's Gourmet Coffees Franchising Corp. was incorporated in Illinois on May 30, 1986, originally as Gloria Jean's Coffee Bean Franchising Corp. The company began selling franchises for its GJC Stores in 1986. The brand name evolved over time, changing to "Gloria Jean's Gourmet Coffees" in 1993 and later to "Gloria Jean's Coffees" in 1997 for new stores. The franchisor's ultimate parent company is Retail Food Group Limited (RFG Ltd), an Australian entity established in 1989, which is a large multi-brand retail food franchisor and coffee roaster globally.

Financial Overview

Investment Range

$209,919 - $541,372

Franchise Fee (Low)

$30,000

Franchise Fee (High)

$30,000

Royalty %

6%

Marketing %

2%

Equipment Costs (Low)

$121,000

Equipment Costs (High)

$358,000

Working Capital

$20,000

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Going concern qualification

Financial Health Notes

The franchisor's affiliate, Retail Food Group USA, Inc. and its subsidiaries (including Gloria Jean's Gourmet Coffees Franchising Corp.), have experienced continued losses and a lack of working capital. This financial condition raises substantial doubt about their ability to continue operations as a going concern. To address these concerns, the ultimate parent company has committed to providing all necessary financial support to enable the company to sustain its operating activities.

Financing Details

Gloria Jean's Gourmet Coffees Franchising Corp. does not offer any direct or indirect financing arrangements to its franchisees. The franchisor also does not guarantee any notes, leases, or other obligations for franchisees.

Performance Metrics

Total US Locations

40

Franchised Units

40

Corporate Units

0

Avg Square Footage

919

Franchising Since

1986

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew their Gloria Jean's Coffees franchise, franchisees must provide written notice, maintain possession of or secure an approved location, and ensure their store complies with all current design, operational, qualification, and training standards. They must have been in substantial compliance with their Franchise Agreement throughout the initial term, sign the franchisor's then-current form of franchise agreement (which may have different terms, including fees), pay a renewal fee, and execute a general release. The franchisor may also require franchisees or their personnel to attend additional retraining programs and may request detailed profit and loss statements or other financial records.

Training & Support Program

Franchisor Assistance

Before opening a Gloria Jean's Coffees store, the franchisor assists with site approval and can provide optional real estate management services through a third-party consultant (for a fee of $3,000 to $5,000). Gloria Jean's Coffees provides standard design and layout specifications, reviews and approves architectural drawings, and offers electronic access to an operating manual. They also advise on equipment, furniture, fixtures, and initial inventory, and provide a list of approved products and suppliers. Initial training is provided, and a franchisor employee may assist for up to three days during the grand opening, which is supported by an advertising, marketing, and promotion package (after a $10,000 fee). Ongoing assistance includes providing reasonable training for new managing owners and offering refresher or ongoing training (potentially for a fee if due to franchisee non-compliance or excessive requests). The franchisor advises on operating performance, offers guidance on methods, products, purchasing, advertising, and administrative procedures, and may recommend pricing strategies. They also notify franchisees of any required repairs or appearance deficiencies and provide advertising and promotional materials, which may incur direct costs plus shipping and handling.

Initial Training Hours

120

Training Location

Chicago, IL

Ongoing Support

After opening, Gloria Jean's Coffees provides ongoing support to franchisees, including reasonable training for new managing owners and optional refresher or additional training, for which a fee may apply if necessitated by franchisee non-compliance or excessive requests. The franchisor advises on the store's operating performance based on submitted reports and inspections. Assistance may include guidance on operating methods, authorized products, purchasing, advertising, administrative procedures, and recommended pricing strategies. Gloria Jean's Coffees also notifies franchisees of any needed repairs or appearance improvements and helps with product and supplier quality. The franchisor develops advertising and promotional materials that franchisees can utilize, potentially for a fee covering production and delivery costs. Franchisees are also required to attend mandatory annual meetings, conventions, and conference calls.

Franchise Requirements

Industry Experience Required

No

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Retail

Owner Participation

Hands-On

Territory Type

Protected

Territory Size Requirements

Gloria Jean's Coffees street/non-mall locations receive a Protected Territory defined as a 1/2 mile radius around the GJC Store, within which the franchisor will not operate or authorize other GJC Stores (excluding mall outlets). For Area Development Agreements, development areas are typically defined by zip code or county boundaries, highways, physical landforms, city or municipality boundaries, and other factors deemed appropriate by the franchisor.

Staffing Notes

Gloria Jean's Coffees requires the franchisee (or a designated Managing Owner if the franchisee is a business entity) to personally participate in the direct operation of the GJC Store. The Managing Owner must be a natural person owning at least 10% interest in the franchisee entity and must successfully complete the initial training program. If the franchisee owns three or more GJC Stores, Gloria Jean's Coffees may require the franchisee to hire a District Manager to oversee development and operations, in addition to the Managing Owner. The franchisee is responsible for hiring all other store employees, training them to Gloria Jean's Coffees standards, and maintaining a sufficient staff. Management personnel may also be required to sign confidentiality and non-competition agreements.